Tags: European Economy, European Stock Market, Stock Market
Euro coins and banknotes on the European flag.

European Stocks Crashed, London Led the Losses

On Tuesday, August 17, European stocks crashed as London’s FTSE 100 Index and the FTSE All-Share Index led the losses by 0.90% and 0.79%, respectively.

In the London Stock Exchange, the FTSE 100 Index pulled European stocks down. It plummeted 0.90% with a net loss of $64.73 which sent the stocks below at $7,154.00 per share.

Its worst performers were Prudential PLC which lost 3.85% or 58.50 points to $2,017.14 per share.

Burberry Group PLC followed as it sank 3.38% or 72.00 points to $2,843.33 per share. Then, Weir Group PLC shed 2.98% or 50.50 points to $2,269.97 per share.

Likewise, the FTSE All-Share Index greatly contributed to the losses of the European stocks. It plunged 0.79% with a net change of $32.58 which sent the stock down to $4,112 per share.

In the Paris Stock Exchange, the CAC 40 Index subsided 0.83% with a net fall of $57.27. This sent the stocks to the bottom at $6,839 per share.

Kering led its losses as it shrank 4.68% or 36.90 points to $885.10 per share. Then, Renault SA fell 2.18% or 0.74 points to $38.76 per share.

Also, LVMH Moet Hennessy Louis Vuitton SE dropped 2.10% or 14.90 points to $817.89 per share.

Consequently, the Global Dow Realtime EUR tumbled 0.04%, with a net fall of $1.22. This sent the stocks to the ground at $3,260.99 per share.

Additionally, the pan-European STOXX 600 crashed 0.50%, with a net decline of $2.38. This sent the stocks to the bottom at $473.45 per share.

 

Germany Stocks Fell Pulling European Shares Down

 

Furthermore, Germany’s DAX tumbled 0.32% with a net loss of $51.71 which sent the stock down at $15,926 per share.

Its bottom performers include Volkswagen AG Non-Vtg Pfd, which slid 2.31% or 4.80 points to $238.93 per share.

Bayerische Motoren Werke AG followed as it slumped 1.95% or 1.62 points to $95.89 per share.

Then, Henkel AG & Co KGaA Pfd flopped 1.84% or 1.58 points to $99.01 per share.

Moreover, the MDAX Performance Index crashed 0.54%, with a net change of $195.57. This sent the stocks to the bottom at $35,723 per share.

Varta AG led the benchmark’s losses as it dropped 7.89% or 10.75 points to $147.65 per share.

Then, MorphoSys AG lapsed 3.85% or 1.78 points to $52.35 per share. Also, Deutsche Lufthansa AG was down 3.57% or 0.33 points to $10.51 per share.

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